Investment management platform provider TORA has appointed David Tattan as head of European business development, based in the company’s new regional headquarters in Jersey.
Tattan will work with Chris Jenkins, who is overseeing the company’s European expansion.
From its new office in Jersey, TORA will offer a range of software solutions to its client base of asset managers, hedge funds and brokerage houses, including an order and execution management system and a portfolio and risk management system.
Robert Dykes (pictured), CEO of TORA, says: “Europe has a mature asset management industry and we feel that with the forthcoming regulatory requirements in MIFID II there will be increased demand for advanced systems such as TORA. With our emphasis on trading, compliance as well as experience in multi market jurisdictions, we are well placed to assist managers. We are also thrilled to have David joining our team as he has a tremendous amount of experience delivering investment technology and services to the asset management community, and I’m confident in his ability to demonstrate the value of our products and services to this market.”
Tattan brings a wealth of experience in portfolio management technology, having previously worked as a director at Barclays Investment Bank in London where he held senior positions as head of European client services and also as head of UK sales for the POINT platform. Prior to this, he held analytical roles in portfolio risk management solutions, indices and fixed income at both Lehman Brothers and IDC.
Tattan adds: “I am delighted to be joining TORA at such a significant time in its business expansion. European asset managers are increasingly looking for investment management technology platforms that not only offer advanced features but which are also fully integrated across the investment process. TORA’s investment suite offers solutions to both these demands and I am looking forward to introducing TORA’s products and services to the European marketplace.”
